| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $116M | $157M | $222M | -26.3% | -47.7% |
| Op. Income | -$2M | $15M | $38M | -116.9% | -106.4% |
| Gross Margin | 47.9% | 47.6% | 44.8% | 0.4pp | 3.1pp |
| Net Margin | -3.1% | 4.8% | 16.4% | -7.8pp | -19.4pp |
| EPS (Diluted) | $-0.05 | $0.11 | $0.51 | -149.0% | -110.6% |
| Free Cash Flow | $24M | $53M | $223.0K | -53.9% | 10795.1% |
| Item | Amount |
|---|---|
| REVENUE | $116M |
| Cost of Revenue | $60M |
| GROSS PROFIT | $56M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $118M |
| OPERATING INCOME | -$2M |
| Interest Income | $4M |
| Interest Expense | $254.0K |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $1M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $5M |
| EBIT | $1M |
| EBITDA | $7M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$17.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$109M |
| Sales/Maturities of Investments | $256M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $139M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $419M |
| Short-Term Investments | $208M |
| Net Receivables | $139M |
| Inventory | $103M |
| Other Current Assets | $615.0K |
| TOTAL CURRENT ASSETS | $882M |
| PP&E (Net) | $76M |
| Goodwill | $56M |
| Intangible Assets | $47M |
| Long-Term Investments | $6M |
| Tax Assets | $9M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $198M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $33M |
| Short-Term Debt | $10M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $123M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $134M |
| TOTAL LIABILITIES | $257M |
| Common Stock | $526M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $602M |
| Treasury Stock | -$301M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $823M |
| Minority Interest | $0 |
| TOTAL EQUITY | $823M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $25M |
| Net Debt | -$394M |
